A Consolidated Balance Sheet on Reliance

Introduction:-

History of Reliance:-

Reliance Anil Dhirubhai Ambani Group or popularly known as Reliance ADA Group or simply
Reliance Group is an Indian conglomerate, headquartered in Mumbai, India. The company,
which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger
son Anil Ambani. Reliance Group has six listed companies. Reliance Power, Reliance
Infrastructure, Reliance Capital, Reliance Entertainment, Reliance Home Finance and Reliance
Health. The group provides financial services, construction, entertainment, power, health care,
manufacturing, defence, aviation, and transportation services.

Reliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a polyester

firm. It was renamed as Reliance Industries on 8 May 1973. Reliance later entered into financial
services, petroleum refining, power sector. By 2002 Reliance had grown into a U$15 billion
conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his
two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani
and Anil Ambani, split Reliance Industries in December 2005. Anil Ambani got the
responsibility of Reliance Infocomm, Reliance Energy and Reliance Capital. Reliance Group
entered the power sector through Reliance Power, and the entertainment sector by acquiring
Adlabs. In October 2010, Reliance power placed the world's largest order worth $8.29 billion to
Shanghai Electric Group to supply power equipment based on Supercritical steam generator
technology. On 28 October 2017, the group launched construction of a defense production unit in
Mihan-SEZ region. The unit will be part of a joint venture between Reliance Group, led by Anil
Ambani, and its JV partner French major Dassault Aviation. The production at Mihan-SEZ will
begin with components for the Rafale warplanes and Falcon business jet produced by Dassault. It
is expected to fully assemble both the aircraft in the Nagpur unit in the coming years.

Reliance Industries Limited (RIL) is an Indian multinational conglomerate company

headquartered in Mumbai, India. Reliance owns businesses across India engaged in energy,
petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the
most profitable companies in India, the largest publicly traded company in India by market
capitalisation, and the largest company in India as measured by revenue after recently surpassing
the government-controlled Indian Oil Corporation. On 10 September 2020, Reliance Industries
became the first Indian company to cross $200 billion in market capitalisation.
The company is ranked 96th on the Fortune Global 500 list of the world's biggest corporations as
of 2020. It is ranked 8th among the Top 250 Global Energy Companies by Platts as of 2016.
Reliance continues to be India's largest exporter, accounting for 8% of India's total merchandise
exports with a value of ₹1,47,755 crore and access to markets in 108 countries. Reliance is
responsible for almost 5% of the government of India's total revenues from customs and excise
duty. It is also the highest income taxpayer in the private sector in India.
The Subsidiaries companies of Reliance:-
Reliance Petroleum Limited
Reliance Netherlands B.V.
Reliance Retail Limited
Reliance Jamnagar Infrastructure Limited
Reliance Haryana SEZ Limited
Reliance Industrial Investment and Holdings Limited
Reliance Ventures Limited
Reliance Strategic Investments Limited
Reliance Exploration and Production DMCC
Reliance Industries (Middle East) DMCC
Reliance Global Management Services Limited
Reliance Commercial Associates Limited
RIL (Australia) Pty Ltd
Recron (Malaysia) Sdn Bhd
Gulf African Petroleum Corporation (Mauritius)
GAPCO Tanzania Limited
GAPOil Tanzania Limited
GAPCO Kenya Limited
Transenergy Kenya Limited
GAPCO Uganda Limited
GAPCO Rwanda Sarl
GAPOil (Zanzibar) Limited
Reliance Fresh Limited
Retail Concepts and Services (India) Limited
Reliance Retail Insurance Broking Limited
Reliance Dairy Foods Limited
Reliance Retail Finance Limited
RESQ Limited
Reliancedigital Retail Limited
Reliance Financial Distribution and Advisory Services Limited
Reliance Hypermart Limited
Reliance Retail Travel & Forex Services Limited
Reliance Brands Limited
Reliance Wellness Limited
Reliance Footprint Limited
Reliance Integrated Agri Solutions Limited
Reliance Trends Limited
Reliance Lifestyle Holdings Limited
Reliance Universal Ventures Limited
Reliance Autozone Limited
Strategic Manpower Solutions Limited
Reliance Gems and Jewels Limited
Delight Proteins Limited
Reliance F&B Services Limited
Reliance Agri Products Distribution Limited
Reliance Leisures Limited
Reliance Retail Securities and Broking Company Limited
Reliance Home Store Limited
Reliance Trade Services Centre Limited
Reliance Food Processing Solutions Limited
Reliance Supply Chain Solutions Limited
Reliance Loyalty and Analylitics Limited
Reliance Digital Media Limited
Reliance–GrandOptical Private Limited
Reliance Vantage Retail Limited
Reliance People Serve Limited
Reliance Infrastructure Management Services Limited
Reliance International Exploration and Production, Inc
Reliance Petroinvestments Limited
Subsidiary Company:-
Jio:-
Reliance Jio Infocomm Limited, doing business as Jio, is an Indian telecommunications
company and a subsidiary of Jio Platforms, headquartered in Mumbai, Maharashtra, India. It
operates a national LTE network with coverage across all 22 telecom circles. It does not offer 2G
or 3G service, and instead uses only voice over LTE to provide voice service on its 4G network.
Jio soft launched on 27 December 2015 with a beta for partners and employees, and became
publicly available on 5 September 2016. It is the largest mobile network operator in India and the
third largest mobile network operator in the world with over 41.08 crore (410.8 million)
subscribers.
In September 2019, Jio launched a fiber to the home service, offering home broadband,
television, and telephone services. As of September 2020, Reliance Industries has raised ₹1.65
lakh crore (US$23 billion) by selling nearly 33% equity stake in Jio Platforms.
The company was registered in Ambawadi, Ahmedabad, Gujarat on 15 February 2007 as Infotel
Broadband Services Limited (IBSL). In June 2010, Reliance Industries (RIL) bought a 95%
stake in IBSL for ₹4,800 crore (equivalent to ₹87 billion or US$1.2 billion in 2019). Although
unlisted, IBSL was the only company that won broadband spectrum in all 22 circles in India in
the 4G auction that took place earlier that year. Later continuing as RIL's telecom subsidiary,
Infotel Broadband Services Limited was renamed as Reliance Jio Infocomm Limited (RJIL) in
January 2013.
In June 2015, Jio announced that it would start its operations throughout the country by the end
of 2015. However, four months later in October, the company postponed the launch to the first
quarter of the financial year 2016–2017.
Later, in July 2015, a PIL filed in the Supreme Court by an NGO called the Centre for Public
Interest Litigation, through Prashant Bhushan, challenged the grant of a pan-India licence to Jio
by the Government of India. The PIL also alleged that the firm was being allowed to provide
voice telephony along with its 4G data service, by paying an additional fee of just ₹165.8 crore
(US$23 million) which was arbitrary and unreasonable, and contributed to a loss of ₹2,284.2
crore (US$320 million) to the exchequer. The Indian Department of Telecommunications (DoT),
however, explained that the rules for 3G and BWA spectrum didn't restrict BWA winners from
providing voice telephony. As a result, the PIL was revoked, and the accusations were dismissed.
The 4G services were launched internally on 27 December 2015. The company commercially
launched its 4G services on 5 September 2016, offering free data and voice services till 31
December, which was later extended till 31 March 2017. Within the first month, Jio announced
that it had acquired 1.6 crore (16 million) subscribers and has crossed 5 crore (50 million)
subscriber mark in 83 days since its launch, subsequently crossing 100 million subscribers on 22
February 2017. By October 2017, it had about 13 crore (130 million) subscribers.
The Subsidiary company jio holds the controlling interest is over the RIL currently holds around
67 per cent in the new tech company. In fact, the Ambani family as promoters hold 50.29 per
cent in the flagship RIL, which has a market capitalisation of Rs 11.66 lakh crore. Reliance
Industries Ltd (RIL) will not be diluting its shareholding in its subsidiary Jio Platforms to below
64.44 per cent in the near future.

Consolidated Balance of Reliance:-

The consolidated Balancesheet of the reliance industries in this the company is growing very
fastly and having good progress in the market and in the past 5 five years companies share
capital, liabilities and assets are their in good amount in the year 2016 the company is having the
total share capital of Rs.2498 crore and in the next year the company has increased its share
capital to Rs.2959 crores as compared with the year 2016 the rise in the capital is almost 461
crore which is good for the company. In 2018 the share capital was Rs.5922 crore and in the one
year the company raised almost Rs.2963 crore capital in one year which means the company is
growing very well. The year 2019 the capital is 5926 crore and the capital in the year 2020 is
6339 crore.

The assets of the company is increasing yearly as compared to the previous year and in year
2016 the assets are 598,997 as we see in the year 2017 assets are 712,339 which the company is
having the profit and its stable in the market and in 2018 the Asset is 816,348 and in year 2019
assets are of 1,002,406 and in the year 2020 the assets are 1,165,915.

The Dividend in the year 2016 is 3,095 and it is percentage is 105% and in the year 2017 the
dividend percentage is 110 is increased by the 5% and in the year 2018 the dividend is 3255 and
the percentage off dividend is 60% where the tax on dividend is increased so the percentage is
also reduced but in the year 2019 the dividend is 3554 and percentage is 65% and in the year
2020 the dividend is 3852 and the tax is 732 which is increased as compared to the last year and
the 65% is the dividend.
The last bonus that Reliance Industries had announced was in 2017 in the ratio of 1:1. The share
has been quoting ex-bonus from September 07, 2017.

Reliance Industries Limited chairman Mukesh Ambani announced a 1:1 issue of bonus shares
with outlined plans to invest in renewable energy and also included that they will target the
higher profits from its consumer business. This is only the third time the energy giant, which also
has interest in retail and telecom, announced a bonus issue since listing in 1997. It offered 1:1
bonus shares in 1997 and 2009. Prior to that in 1983, shareholders received three shares for every
five they held.

Conclusion:-
As per the data collected the analysis says that the company has gained much profit in the past 5
years and distributed a good amount of dividends among his shareholders. This shows that the
company has good market value and strong goodwill among the market and among his
competitors. The reason beyond this was the price of the jio plan was quite cheaper than the
competitors rates and services in the initial days jio offered free calls and internet facility at a
nominal price as compared to his competitors. This increased the sales, market value, goodwill
and stake among the telecom companies.